Do you want to Make Money and Grow Money?

YES, I want it!


By: Marvin Germo | January 31, 2020

150-MLD Water Treatment Plant

Maynilad Water Services, Inc. has selected a consortium managed by a unit of DMCI Holdings, Inc. The purpose of this is to construct a 150-million-liter-per-day (MLD) plant that will supply water from Laguna Lake. First Pacific Co. Ltd. stated that the service contract was entered into with AA-DMCI Laguna Lake Consortium last January 28, 2019. This project looks interesting. Will it affect the stock performance of Maynilad? Will this event scale up both Maynilad and DMCI? Let’s stay tuned!

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.

Stock Smarts Taiwan – February 15, 2020
Stock Smarts Manila: March 14, 15, 21, 22 & 28, 2020
Stock Smarts Singapore: May 16 – 17, 2020
Stock Smarts New Zealand: June 6 – 7, 2020
Stock Smarts Sydney: July 11 – 12, 2020
Stock Smarts London: April 18 – 19, 2020

Scope of the Project

According to Maynilad, the scope of the work under the 150-MLD Water Treatment Plant project includes the provision of engineering design, supply, construction, and installation of electrochemical equipment or process units, commissioning, testing, and process-proving of the facility. First Pacific Co. Ltd owned 51.3% interest in Maynilad Water Holding Co., Inc. (MWHC), making it the holding company of Maynilad incorporated in the country. Meanwhile, DMCI Holdings has 27.2% shares in MWHC. This is evidence that DMCI is an entity connected to First Pacific. AA-DMCI is a joint entity by DMCI Holdings unit D.M. Consunji and Acciona Agua, S.A in Spain. The service contract of the 150-MLD water project was given to AA-DMCI.

Cost of the Project

First Pacific has not yet disclosed the cost of the project and it’s still in the process of preparing such a statement. The holding company also said that the installation of an intake system and brine discharge system in Laguna Lake to be treated as a pumping station and water reservoir. This facility will then be connected to the distribution network. The service contract under the names of Maynilad and DMCI will contain the terms and conditions of the partnership between the two companies including the contract price, terms of payment, project milestone, the scope of work, and confidentiality.

Effectivity of the Service Contract

First Pacific also disclosed that the service contract includes 1,679 calendar term days from January 28, 2020, until the date when the performance certificate will be issued. It should comprise the initial period when the project will start. The defects notification will then have a period of 730 days which runs simultaneously with the 365-day process-proving period. Maynilad is a water concessionaire serving cities in Maynila except for Sta. Ana and San Andres. It services Quezon City west of San Juan River, EDSA Congressional, West Avenue, Mindanao Avenue, Holy Spirit, and Batasan Hills.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders